Evolution of Hydropower Support Schemes in Poland and Their Assessment Using the LCOE Method

Godyń, Izabela; Dubel, Anna

doi:10.3390/en14248473

Cited by 5 publications

(3 citation statements)

References 32 publications

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“…These non-material methods that are recommended to be implemented in the energy sector companies should include personnel development programs, differentiated approaches to stimulation, professional training and the promotion of employees. The scientific basis for this is represented in [29][30][31][32][33][34][35][36][37][38][39][40][41][42].…”

Section: Materials and Non-materials Incentives For Enhancing The Act...mentioning

confidence: 99%

Enhancing the Activity of Employees of the Communication Department of an Energy Sector Company

et al. 2022

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Currently, companies in the energy sector are focus on sustainable growth, although they face many challenges, including the peculiarities of their operations. One of the features of companies in the energy sector is the need for effective communication with the media and the public. This is of paramount importance due to the current trends and challenges in the energy sector, the market requirements and the low level of development in such companies. The object of this study invovles the employees of the communication departments of energy sector companies, while the subject is the intensification of their activities based on the use of motivational tools. The authors chose the tools of the game theory, which is a game that the company and employees of the project team engage in when implementing information and communication projects. The study developed a method for motivating the employees of communication departments, which based on the game theory, allows the formation of many possible parameters of the optimal structure of fixed and commission remuneration payments for the employees to maximize their utility, depending on the propensity or unwillingness of these employees to take risks, which contributes to the development of staff motivation tools. This method was applied to the activities of several Ukrainian energy companies. The proposed approach differs from the existing ones based on the opportunity to intensify the activity of the employees of the communication departments, taking into account their willingness to take risks in each case, and will increase the interest of such personnel in the effective implementation of each stage of the information and communication project, better meet the needs of the end-users and ultimately affect the sustainable growth of energy companies.

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Section: Materials and Non-materials Incentives For Enhancing The Act...mentioning

confidence: 99%

Enhancing the Activity of Employees of the Communication Department of an Energy Sector Company

et al. 2022

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“…By 2021, auctions required bidders to submit at least three valid bids for the auction for the energy supply from RES to be held. In 2016-2020, auctions for electricity from biogas plants were often not resolved because fewer than three bids were submitted [20]. Therefore, some owners of biogas plants sold energy on the wholesale market, in addition to selling the received green certificates on the commodity exchange.…”

Section: Sources Of Energy Sales Prices From Biogas Plants In Polandmentioning

confidence: 99%

Determinants of Return-on-Equity (ROE) of Biogas Plants Operating in Poland

et al. 2022

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Poland has a large potential for biogas production from agricultural sources and food waste. This potential is still poorly used. There are many reasons for this state of affairs. We can indicate both the policy of the state towards renewable energy sources (RES) with a small amount of energy from biogas contracted at auctions, investment risk, and especially low return on investment in the absence of investment support. An important reason is also the limited state budget. The purpose of this work was to determine the endogenous factors that determine ROE, the direction of the impact of these factors, as well as the strategy of biogas plants in shaping the ROE level. The DuPont model was used in the analysis of ROE changes. We used the deviation method to determine the impact of the various factors on ROE. Against the background of the energy sector in Poland, the value of ROE in the examined biogas plants should be considered satisfactory, and in 2020 it was, on average, 13.9%. The decrease from 17.2% in 2019 occurred despite the increase in energy prices and the increase in the net profit margin (NPM). It resulted from the reduction of ROE’s financial leverage through external capital. A high level of debt characterized the examined biogas plants, and the pursuit of risk reduction and debt reduction negatively impacts on ROE. This may indicate the need for state investment support at the plant construction stage or low-interest investment loans to develop biogas plants. In addition, using only price guarantees under the feed-in tariffs, with dynamic changes in costs, may bring the industry a relatively high investment risk compared to other RES, where the operational costs during the lifetime are low, as it is in PV or wind systems.

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“…The promising ones in terms of potential for the development of the electric power industry in Poland (new installations) include Pomerania, the Mazurian Lake District, the Sudety Mountains and the Carpathian Mountains [54]. According to development assumptions, the installed capacity of hydroelectric power plants is expected to increase to 1150 MW by 2030-as indicated by I. Gody'n [74], and the promoted direction of hydropower development in Poland is small hydropower plants.…”

Section: The Potential Of Water In Hydropower-a Review Of the Literat...mentioning

confidence: 99%

Hydropower in the Energy Market in Poland and the Baltic States in the Light of the Challenges of Sustainable Development-An Overview of the Current State and Development Potential

et al. 2022

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The energy crisis is affecting a number of countries, but particularly those that are heavily dependent on the traditional energy generation formula (e.g., Poland), as well as those neighbouring the territory of the ongoing war in Ukraine, i.e., Poland, Lithuania, Latvia and Estonia. With this in mind, the authors of this study decided to explore the issue of water energy as a source of green (cheap and environmentally safe) energy in these countries. The main objective of the paper is to review the available literature, which is needed to identify the role hydropower plays in energy security and energy transition in these energy markets. This paper is based on a review and critical appraisal of the available literature and studies together with an inference. The structure of the paper consists of an introduction, the main part of the review and conclusions. The geopolitical location and socio-economic conditions of the adopted set of countries, form the basis of the review of the existing literature on the theme explored and the substantive inference. The main findings of this review indicate that the literature is most strongly focused on the overall assessment of the energy transition of the adopted countries for review, where the hydropower thread is most often taken up as one source of renewable energy supply. Hydropower, due to its relatively low share in the energy systems of the adopted set of countries, is, according to the authors, insufficiently explored. The most significant gap relates to the aspect of the potential for hydropower development in these areas, considering both the construction of new hydropower plants and opportunities signalled in the literature for the modernisation or restoration of existing ones. In this respect, the need for analyses (studies and simulations) of hydropower development, considering the economic benefits associated with their development juxtaposed with the safety dimension of this course of action for the environment (analysis and assessment of environmental costs) is indicated, which is the main recommendation of the review.

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Evolution of Hydropower Support Schemes in Poland and Their Assessment Using the LCOE Method

Cited by 5 publications

References 32 publications

Enhancing the Activity of Employees of the Communication Department of an Energy Sector Company

Enhancing the Activity of Employees of the Communication Department of an Energy Sector Company

Determinants of Return-on-Equity (ROE) of Biogas Plants Operating in Poland

Hydropower in the Energy Market in Poland and the Baltic States in the Light of the Challenges of Sustainable Development-An Overview of the Current State and Development Potential

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